Sirius Real Estate (GB:SRE) has released an update.
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Sirius Real Estate Limited has successfully completed a Retail Offer resulting in the issuance of 2,659,574 new Ordinary Shares, at a price of 94 pence each. The company has applied for these shares, along with others from a Capital Raising, to be listed on both the London and Johannesburg stock exchanges, with expectations for trading to commence mid-July 2024. This move follows Sirius’s strategy to grow its portfolio of branded business and industrial parks in Germany and the UK.
For further insights into GB:SRE stock, check out TipRanks’ Stock Analysis page.